HING YIP HLDGS (00132) subsidiary has entered into a financing lease with Marriott International.

HING YIP HLDGS (00132) announced that on August 26, 2025, its subsidiary Green Gold Leasing entered into a financing lease with lessee Yingxian Marriott Chengsheng Thermal Power Co., Ltd. for a total consideration of RMB 80 million to acquire ownership of assets from the lessee. These assets will be leased back to the lessee for their use and possession for a period of six years. Asset 1 includes various designated thermal power production and supply equipment and facilities located in Shuozhou City, Shanxi Province, China. Asset 2 includes other designated thermal power production and supply equipment and facilities located in Shuozhou City, Shanxi Province, China. The execution of the financing lease and related documents is a normal business process for Green Gold Leasing and is expected to provide stable income and cash flow for the group.